Asian Paints Branding.pptx
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Transcript of Asian Paints Branding.pptx
GROUP MEMBERS
FRANKLIN FERNANDES (Roll no. 1)ANTHONY JOHNSON (Roll no. 2)
ANUTZA ROBI (Roll no. 3)MILTON BRITTO (Roll no. 4)MELBA D’MELLO (Roll no. 5)
Started off as “Asian Oil And Paints
Company”
India’s largest and Asia’s third
largest paint company
TurnoverRs.109.70
billion
HISTORY - TODAY
Aims to become one of the top five decorative coatings companies world-wide by leveraging its expertise in the higher growth emerging markets.
Intends to build long term value in the industrial coatings business through alliances with established global partners.
VISION – CLEAR GOALS FORA CLEAR FUTURE
Operations - 17 countries & 25 paint manufacturing facilities in the world servicing consumers in over 65 countries.
New concepts: Colour Worlds, Home Solutions, Colour Next, and Kids’ World.
Started in 1942 in garage by 4 entrepreneurs:Champaklal Choksey, Chimanlal Choksey, Suryakant Dani and
Arvind Vakil.
PROFILE
PAINT INDUSTRY BY VALUE
COMPANY’S BRAND DECISION MAKINGBRANDING DECISIONS
Generic Product Brand
Private Label Own Brand
Single Market Multiple Market
Global LocalSingle Brand Multiple Brand
• Paint industry is commodity driven, with price being the most important differential
• The brand has evolved with the times by adjusting its branding strategy to changing marketplace needs and priorities.
• Asian Paint’s branding strategy: connect with, and listen to, your consumers.
ASIAN PAINTS as a BRAND
• Private label paints are a little harder to be accepted in the market because of the presence of brands like Asian paints, Nerolac, Berger etc.
• Asian paints operates in a single market i.e. PAINTS• It has multiple brands under it• Paint brands owned by the company are: Ace & Apex,
Apcolite, Apex, Apex Ultima, Asian Paints, Colour Next, Premium Gloss Enamel, Royale, Royale Play, Touchwood, Tractor Emulsion, Utsav.
CUSTOMER’S BRAND DECISION MAKING
BRANDS
Unknown Known
Acceptable Unacceptable
Purchased Not Purchased
Indifferent Overlooked
• Consumer decision making is a conscious process.• Any decision whether its buying a chocolate,
choosing to eat at McDonald’s rather than KFC, buying a new car or an insurance policy , is a conscious process.
Example: Buying a Paint of a particular shadeUnknown Brands Known Brands
Snowcem PaintsSheenlac
British paints
Asian paint royale, Nerolac, Berger, Dulux, Apex Ultima
Acceptable Unacceptable Indifferent Overlooked
Asian paint royale,Nerolac
BergerDulux
Apex Ultima
Purchased Not PurchasedAsian paint royale Nerolac
CRAFTING:
Target Market: Lively, Fun-filled, Urban.
Consumer Behaviour:
Price Insensitive, Expressive.
Nature of Competition:
Fragmented market, Direct-Nerolac, Berger Indirect- Wallpapers, Tiles.
POP: Variety of Colours, Quality.
POD: Innovation, Colour Store, Service.
Position: Every colour tells a story.
Reason To Buy: Reputation, Consistency
Testing: 2D Desirable, Deliverable
CRAFTING THE BRAND POSITIONING
Remote Availability
QualityIndian
colour
Trust
Har Rang Kuch Kehta Hai
High Involvement Product Colour Worlds, Home Solutions, Colour Next, and Kids’ World.
Small pack usage
BRAND ASSOCIATION
Position
PerceptionImage
Identity
Asian Paints
Logo, font, tag line,Ambassador.
Vibrant Colours.
Every House has a Story to tell.
Best in class.
KAPFERER’S BRAND IDENTITY PRISMIN
TERNALIZATIO
NEXTE
RNAL
IZAT
ION
PersonalityWelcoming
CultureIndian
Self ImageCreative
PhysiqueAdding value to homes
RelationshipEmotional, Nostalgic
ReflectionConfident
Warm but fuzzy -
difficult to perceive; indistinct or vague.
Down-to-earthHonestWholesomeCheerful
DaringSpiritedImaginativeUp-to-date
ReliableSuccessful
Upper classCharming
BRAND PERSONALITY
• “Har Ghar Kuch Kehta Hai” to “Har Rang Kuch Kehta Hai.”
• Colour the house – Basic task.• Low involvement Product.• Decision making rested with
builder/contractor
• Make a place look beautiful & colourful.
• Change of mood.• Reflection of
Personality.• Self Expression.
• Stimulation of celebration.
• Sophistication
BRAND LADDERING
ADVERTISING CAMPAIGNS
SALES PROMOTION
PERSONAL SELLING
BRAND AWARENESS
Brand Equity
Brand Loyalty
Brand Quality
Brand Associations
Brand Awareness
BRAND EQUITY
Brand Loyalty
Brand Awareness
Perceived Quality
Brand Associations
Brand Assets
Brand Equity
High Awareness, Easily recalled paint brand.
Quality, Consistency.
Tried, Trusted, Long-lasting.
Affiliation & Attachment.
Expressive, Social Status.
Top of Mind recall
Keller’s Brand Equity Model
PRODUCT RANGE
Product Depth
Corporate Brand
Product Brands
Sub Brands
Licensed Brands
Endorsed Brands
BRAND ARCHITECTURE